Gregg Broughton has insisted The Venky's are not looking to sell Blackburn Rovers and has opened up on the financial difficulties impacting the club.

Broughton told local media in May that Rovers would have to generate their own transfer budget but the wage bill would remain the same as the previous two summers. However, geopolitical issues in India meant that the financial remits were changed mid-way through the summer.

The wage bill was slashed by 15 per cent in order to help with cash flow but Rovers still made a further four additions, with three already through the door. Two of those cost transfer fees after the sales of Ash Phillips and Thomas Kaminski.

The owner's parent company is currently at the centre of a tax probe in India with £7.3m worth of assets seized by the Bank of India. Despite the uncertainty, Broughton has been given assurances the club is not for sale.

"The owners have been very clear, they do not want to sell the football club," Broughton told The Lancashire Telegraph. "They are committed to the project, committed to the football club.

"They have shown they can ride through the difficult situation they're having with India. They are fully supportive of us financially, they have to support the club to the tune of around £20million per year and they are fully committed to that."

Expanding on how the summer unfolded, the Rovers Director of Football gave a chronological account of when complications came to fruition. He was told on a Zoom meeting with Jon Dahl Tomasson in late June about the owner's financial issues.

Broughton believes the main impact was the speed at which Rovers could act in the transfer market. He admitted The Venky's haven't been able to offer any assurances of when the issues will be resolved.

"The moment it changed was instantaneous, it was middle to the end of June," Broughton explained. "Jon and I were asked to go on a Zoom call where we were both told about the situation.

"We had three signings already secured by that stage. We had to take a step backwards, put one or two things on hold and make sure we had clarity on how we could operate going forward.

"That was the first time we found out and we had to react accordingly. We have shown great flexibility and resilience in terms of being able to do that throughout the window.

"I have to be honest, they haven't been able to (give assurances). I don't think they are withholding information, I don't think they genuinely know. It is out of their hands as well.

"I don't know the full situation and within my role at the club, I am not pushing to know. My job is to run the football side of the club and I do that with whatever financial remit I have to do that in. It was a setback in the middle of the summer to have to reset the playing budget.

"The transfer budget didn't change dramatically but the wage bill came down by 15 per cent. We have been able to sign four more players after that and we showed flexibility to do that.

"The biggest impact was it slowed things down. We were ready to bring Andy Moran in after Austria and a central defender but we had to put things on hold until the situation became clearer. 

"There wasn't great clarity at that stage about what we had to work with and the timeframes that would be available. That was the biggest frustration for Jon and I shared that frustration and I do now.

"It was difficult and it was a challenge and hopefully we have come through it and shown resilien